Global Aramid Paper Market : Trends, Forecast, and Opportunity Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by Type Para aramid paper, and meta aramid paper Market Segments by End Use Application Segment Electrical insulation, honeycomb, and communication equipment others Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name The Du Pont, Teijin Aramid, Yantai Tayho Advanced Materials Co., Ltd, Shenzhen LongPont, and X-FIPER New Material Co., Ltd Trend Growth Rate and CAGR5.3% Key Industry Forecast The global aramid paper market is expected to reach an estimated $637.1 million by 2022 and it is forecast to grow at a CAGR of 5.3% from 2017 to 2022 Key Industry Driver Driver: Increasing demand for aramid paper in dry transformers, generators, motors and honeycomb materials for the composites industry. 2

Industry Overview Market Size The global aramid paper market is expected to reach an estimated $637.1 million by 2022 and it is forecast to grow at a CAGR of 5.3% from 2017 to 2022 Emerging trends, which have a direct impact on the dynamics of the aramid paper industry, include development of cellulose nanofiber aramid paper by using meta aramid fiber and cellulose nanofiber which enhances the tensile index, tear index, and interlayer bonding strength by 2.04 times, 2.36 times and 3 times, respectively. Market Size (2022)$637.1 million CAGR ( )5.3% 3 Industry Performance : Forecast